Comment on Elliott Management letter puts eBay on notice to improve stock performance, sell StubHub

Elliott Management letter puts eBay on notice to improve stock performance, sell StubHub

Elliott Management, a NYC investment firm well known for its activist streak, released a letter today sent to eBay’s management. The letter put the company on notice that the stock needs to do better, much better. And it outlined a five-step plan, including selling StubHub, it believes can get eBay there. Elliott is making this request as managers of funds owning more than 4 percent of eBay’s stock.

 

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